Shenwan Hongyuan Securities·2025-10-08 06:13Group 1 - The report highlights the significant performance of overseas markets during the National Day holiday, with the Nikkei 225 rising by 6.72% and the Korean Composite Index increasing by 3.64% [9][10] - The report notes that the COMEX gold futures reached a historical high of $4000 per ounce, alongside notable increases in copper and aluminum prices [9][10] - The report discusses the implications of the U.S. government shutdown, indicating that past shutdowns have led to increases in gold prices and significant gains in the S&P 500 and Nasdaq indices [11] Group 2 - The report emphasizes the upcoming transition to the 920 code for the Beijing Stock Exchange, which is expected to enhance the exchange's recognition and accelerate the issuance of new index funds and ETFs [12][13] - The report suggests continued attention to the issuance of index funds in Q4 and the inflow of funds following the opening of public offerings, highlighting specific companies to watch, including Geberit, Wantong Hydraulic, and others [13] Group 3 - The report indicates that the North Exchange 50 Index fell by 0.02%, with a trading volume of 1.381 billion shares, a decrease of 69.64% week-on-week, and a trading value of 33.075 billion yuan, also down by 69.00% [16][22] - The report provides a breakdown of stock performance, noting that 134 stocks rose while 137 fell, resulting in a decline ratio of 0.98 [33] - The report lists the top gainers and losers among stocks, with Lingge Technology and Guoyuan Technology leading the gains, while Jinhua New Materials and Henghe Shares experienced the largest declines [33][40]